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Fed Cattle Recap | Is the worst behind us?

The feedlot cattle trades were mostly steady to slightly higher and the cash sales volume was lower than the previous week.

The cash market for fed cattle was steady to $2 higher and the cash sales volume was again encouraging.

Cash prices for fed cattle were mostly $1-$2 lower and the cash sales volume was higher than the previous week with over 110,000 head.

Cash prices for fed cattle were mostly $3-$7 lower on smaller volume, total harvest encouraging.

The Federal Reserve has warned that big US banks risk losses of $700bn in a severe downturn.

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